Section 17:11C-9 - Maintenance of branch offices by licenseea. A consumer lender or sales finance company may maintain a branch office or offices. The licensee shall obtain a license for each branch office from which the licensee has direct contact with New Jersey consumers regarding any consumer loan business or sales finance company business regulated under the "New Jersey Consumer Finance Licensing Act," sections 1 through 49 of P.L. 1996, c. 157(C.17:11C-1 et seq.) or the "Retail Installment Sales Act of 1960," P.L. 1960, c.40 (C.17:16C-1 et seq.), as appropriate.b. The commissioner shall issue a branch office license if:(1) The licensee has submitted a completed branch office application form, which includes any information required by the commissioner concerning the branch office, and an application fee pursuant to the schedule provided in subsection d. of section 8 of P.L. 1996, c. 157(C.17:11C-8); and(2) The application for the branch office demonstrates that the office is in a suitable location.(3) (Deleted by amendment, P.L. 2009, c. 53)c. (Deleted by amendment, P.L. 2007, c. 81).Amended by L. 2009, c. 53,s. 45, eff. 7/31/2010, or the later date approved by the Secretary of the United States Department of Housing and Urban Development pursuant to the provisions of section 1508 of the federal "Secure and Fair Enforcement for Mortgage Licensing Act of 2008," Pub.L. 110-289 ( 12 U.S.C. s.5107 ).Amended by L. 2007, c. 81,s. 8, eff. 5/4/2007. L. 2007, c. 81,s. 29, states, "This act shall take effect immediately, but remain inoperative until July 1, 2006, and if enacted after that date, shall be retroactive to July 1, 2006; except that provisions of this act which amend the term of a license shall remain inoperative until the Commissioner of Banking and Insurance adopts regulations establishing the new license terms authorized by this act. The Commissioner of Banking and Insurance may immediately undertake action to promulgate any regulation necessary to implement the provisions of this act." .